this post was submitted on 29 Nov 2023
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[–] [email protected] 1 points 11 months ago (3 children)

There's a reason Intel exited in the first place. Had they been successful, it would've been a business worth tens of billions of dollars. They exited and Apple wanted to try because the money to buy the business for Apple is chump change.

They could even acquire TSMC if push came to shove. Their large cash holdings gives Apple so much strategic leverage.

[–] [email protected] 1 points 11 months ago

Uhhhh no, Apple would not be able to acquire TSMC

[–] [email protected] 1 points 11 months ago (2 children)

They could even acquire TSMC if push came to shove. Their large cash holdings gives Apple so much strategic leverage.

You realize that TSMC is way bigger than Apple, right? Apple's entire current cash reserves would be enough to buy 1% of the company.

[–] [email protected] 1 points 11 months ago

You realize that TSMC is way bigger than Apple, right?

By market cap, Apple is significantly larger than TSMC

[–] [email protected] 1 points 11 months ago

At current market caps TSMC is just over 1/6th the size of Apple

Non issue though because that would never make it past antitrust

[–] [email protected] 1 points 11 months ago

Yeah no the Taiwanese government would never allow it.